New SIDBI Grade A New Batch Starts on Nov 18

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    Question

    ‘A’ started a business by investing Rs. 3000. Four months later, ‘B’ joined by investing Rs. ‘x’. If at the end of the year ‘B’ received Rs. 15,000 as profit out of total profit of Rs. 25,000, then find the value of ‘x’.

    A 6750 Correct Answer Incorrect Answer
    B 6200 Correct Answer Incorrect Answer
    C 6800 Correct Answer Incorrect Answer
    D 6000 Correct Answer Incorrect Answer

    Solution

    Ratio of profit share of ‘A’ and ‘B’ = (3000 × 12):(8 × x) Profit share of ‘A’ = 25000 – 15000 = Rs. 10,000 ATQ; {8x/(12 × 3000)} = (15000/10000) => 8x = 54000 So, x = 6750

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